co-founder – DIGIT INFO

Solana’s genesis story — Anatoly Yakovenko’s vision for a high-performance blockchain

DIGIT — Thu, 23 Nov 2023 14:23:12 +0000

Solana co-founder Anatoly Yakovenko recounts the “eureka moment” that birthed the blueprint for the layer one smart contract protocol aimed to be “hyper-optimized” and “fast as possible”.

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Ethereum co-founder Vitalik Buterin moves $1M of ETH to Coinbase

DIGIT — Mon, 21 Aug 2023 13:28:41 +0000

Onchain data shows that Ethereum co-founder Vitalik Buterin moved 600 ETH to U.S. exchange Coinbase amid ongoing market woes.

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Seoul Court Greenlights Seizure of Do Kwon’s Assets Worth $176 Million

DIGIT — Thu, 11 May 2023 06:30:30 +0000

According to a local report, South Korean prosecutors have been given the green light by the Criminal Division of the Seoul Southern District Court to seize assets owned by Do Kwon, the co-founder and former CEO of Terraform Labs. The report discloses that a total of 233.3 billion won ($176 million) worth of assets have […]

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Report: Terraform Labs Co-Founder Indicted on Fraud Charges in South Korea

DIGIT — Tue, 25 Apr 2023 18:35:00 +0000

Recent local reports have brought to light that Shin Hyun-seong, also known as Daniel Shin, co-founder of Terraform Labs, has been indicted by the Seoul Southern District Prosecutors’ Office on charges of fraud. Along with nine others, Shin is suspected of deceiving investors and accumulating around 460 billion won ($350M) before the Terra project ultimately […]

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NFT app Rebase co-founder accused of going ‘rogue’ in suit by partner

DIGIT — Wed, 19 Apr 2023 06:12:55 +0000

An apparent business partner of Rebase’s co-founder claims he was pushed out of the firm and funds he owned were moved from a joint crypto wallet.

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Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils

DIGIT — Sun, 16 Apr 2023 12:00:08 +0000

Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts of Money to South Korean […]

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Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder

DIGIT — Wed, 05 Apr 2023 00:30:10 +0000

Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may have been obtained with criminal proceeds. South Korean Law Enforcement Moves to Seize Terraform-Linked Real Estate, Report Prosecutors […]

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South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin

DIGIT — Sat, 01 Apr 2023 06:30:28 +0000

A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocurrency before it collapsed. Seoul Court Leaves Terraform Co-Founder at Large Citing […]

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Do Kwon to Stand Trial in Montenegro, May Serve Time Before Extradition

DIGIT — Thu, 30 Mar 2023 13:50:04 +0000

Before extradition, Terraform Labs founder Do Kwon will first have to stand trial in Montenegro for traveling on a fake passport, according to his lawyer in the country. The fugitive crypto entrepreneur may also have to serve time in prison before he is extradited from the Balkan nation, its justice minister indicated. Alleged South Korean […]

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Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says

DIGIT — Tue, 28 Mar 2023 20:30:29 +0000

A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the […]

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